On NCDEX Settled Up By 1.04% At 1456

On NCDEX settled up by 1.04% at 1456 due to supply crunch and increase in demand in some pockets. In India maize has been planted in close to 8.2 million hectares and end users expect a large crop, starting September-October. There are some maize belts in Madhya Pradesh, Uttar Pradesh, parts of Bihar where flood waters might affect the crop, but it is too early to tell.